Michael Feuerman, Esq., SIOR, CCIM, of Berger Commercial Realty represents Parkson Corporation in a long-term renewal at Crown Center.
Berger Commercial Realty Secures Fort Lauderdale Headquarters Lease Renewal for Parkson Corporation
FORT LAUDERDALE, FL – Berger Commercial Realty announced that Michael Feuerman, Esq., SIOR, CCIM , Managing Director – Palm Beach County and Tenant Representation Specialist – South Florida, represented Parkson Corporation in a long-term renewal of approximately 13,500 square feet of office space at Crown Center, located at 1401 W. Cypress Creek Road in Fort Lauderdale, Florida.
The transaction extends Parkson Corporation's occupancy at its global headquarters, where the company has been located since 2008.
Parkson Corporation is a leading provider of equipment and advanced solutions for water and wastewater treatment. The renewal allows the company to maintain its established headquarters location in Broward County.
“Parkson has called Crown Center home since 2008, and this renewal provides continuity for its global headquarters. We were pleased to represent Parkson in securing its long-term commitment to the location.”— Michael Feuerman, Esq., SIOR, CCIM | Berger Commercial Realty
The landlord, Fort Lauderdale Crown Center, Inc., was represented by Sal Bonsignore, SIOR, and Ronald Schagrin, SIOR, of Colliers. The specific lease term and financial terms were not disclosed.
Parkson Corporation Lease Renewal: Transaction Details
- Tenant
- Parkson Corporation
- Property
- Crown Center
- Address
- 1401 W. Cypress Creek Road, Fort Lauderdale, FL
- Size
- 13,500 Square Feet
- Property Type
- Office / Corporate Headquarters
- Transaction
- Long-Term Lease Renewal
- Tenant Representative
- Michael Feuerman, Esq., SIOR, CCIM
- Brokerage
- Berger Commercial Realty
- Landlord
- Fort Lauderdale Crown Center, Inc.
- Landlord Representation
- Sal Bonsignore and Ronald Schagrin, Colliers
Why Commercial Lease Renewal Strategy Matters for South Florida Businesses
For an established business, renewing a commercial lease can be as consequential as selecting a new location. Office occupancy decisions affect operating costs, workplace continuity, future flexibility, and long-term business planning.
Companies approaching a lease expiration in Fort Lauderdale, Boca Raton, West Palm Beach, Miami, or elsewhere in South Florida should evaluate their existing lease alongside current market alternatives before committing to a renewal.
An experienced commercial tenant representation broker can help businesses evaluate important leasing considerations, including:
Lease Economics
Compare base rent, operating expenses, escalation provisions, and overall occupancy costs.
Market Alternatives
Evaluate competing office properties, available space, and relocation options before negotiating renewal terms.
Long-Term Flexibility
Consider renewal options, expansion rights, contraction needs, and future business requirements.
Tenant Improvements
Assess workspace condition, improvement requirements, and potential landlord concessions.
The Parkson Corporation transaction illustrates how tenant representation extends beyond finding new office space. It also includes assisting established businesses with important decisions about their existing commercial locations.
Every lease negotiation is different. The optimal strategy depends on the tenant's business objectives, lease provisions, property alternatives, and prevailing market conditions.
Meet Michael Feuerman: South Florida Tenant Representation Specialist
Tenant Representation Specialist – South Florida
Michael Feuerman specializes in commercial tenant representation, corporate site selection, lease negotiations, renewals, relocations, subleasing, and owner-user transactions throughout Palm Beach County and the broader South Florida market.
A licensed Florida attorney and real estate broker, Feuerman combines commercial brokerage experience with a background in business, contract, and real estate matters. His experience includes representing commercial tenants and advising companies on complex occupancy decisions.
Before joining Berger Commercial Realty, Feuerman served as Director of Office Tenant Representation at Cushman & Wakefield and was a principal of Lehrer & Feuerman, LLC, a commercial tenant representation firm.
His practice includes office, industrial, and retail requirements throughout Fort Lauderdale, Boca Raton, West Palm Beach, and surrounding South Florida markets.
Choosing an Office Tenant Representation Broker in Fort Lauderdale or Palm Beach County
Businesses preparing to renew, relocate, or expand their office space should consider a broker's experience representing tenants, knowledge of the relevant commercial market, financial analysis capabilities, and understanding of lease negotiations.
Unlike a landlord representative, whose assignment is to represent the property owner, a tenant representative is engaged to advocate for the commercial tenant within the agreed scope of representation.
Feuerman's focus on corporate tenant representation, combined with his legal and brokerage background, provides companies with a resource for evaluating office leasing decisions throughout South Florida.
Businesses can learn more about Berger Commercial Realty's tenant representation and lease negotiation services , including assistance with renewals, relocations, site selection, and occupancy analysis.
South Florida Commercial Tenant Representation FAQs
Who represented Parkson Corporation in its Fort Lauderdale headquarters lease renewal?
Michael Feuerman, Esq., SIOR, CCIM, of Berger Commercial Realty represented Parkson Corporation in its long-term renewal of 13,500 square feet at Crown Center in Fort Lauderdale.
Who is Michael Feuerman?
Michael Feuerman is Managing Director – Palm Beach County and Tenant Representation Specialist – South Florida at Berger Commercial Realty. He is a licensed Florida attorney and commercial real estate broker specializing in tenant representation, lease negotiations, site selection, and corporate real estate strategy.
Can a commercial real estate broker help negotiate an office lease renewal?
Yes. A commercial tenant representation broker can help a company evaluate market alternatives, review proposed lease economics, assess occupancy requirements, and negotiate commercial terms for a renewal.
When should a company begin planning an office lease renewal?
Many companies benefit from beginning their planning 12 to 18 months before their lease expires. Larger or more complex requirements may require additional time. The appropriate timeline depends on the existing lease, space requirements, and available alternatives.
What areas does Michael Feuerman serve?
Michael Feuerman advises commercial tenants throughout South Florida, including Palm Beach, Broward, and Miami-Dade counties. His practice includes Boca Raton, West Palm Beach, Fort Lauderdale, and surrounding markets.
Does Berger Commercial Realty represent businesses seeking office space?
Yes. Berger Commercial Realty represents commercial tenants seeking office, industrial, and retail properties. Its tenant representation services include market analysis, site selection, financial comparisons, lease renewals, relocations, and negotiations.
About Berger Commercial Realty
Founded in 1998, Berger Commercial Realty is a locally owned, full-service South Florida commercial real estate firm providing brokerage and property management services.
Serving Broward, Palm Beach, and Miami-Dade counties, the firm advises landlords, tenants, property owners, investors, and businesses across office, industrial, retail, flex, land, and investment properties.
Planning an Office Lease Renewal, Relocation, or Expansion?
Work with Michael Feuerman to evaluate commercial real estate opportunities, lease renewals, and tenant representation strategies throughout South Florida.
Michael Feuerman, Esq., SIOR, CCIM
Managing Director – Palm Beach County
Berger Commercial Realty
Direct:
561.430.2303
Mobile:
954.471.4320